Stringent federal data privacy laws in the United States are associated with compliance costs and market inefficiencies. Based on an August 2019 report, limiting organizations from accessing data would cost the U.S. education sector ** billion dollars in lost value. Overall, data privacy rules could cost the U.S. economy ** billion dollars across multiple sectors.
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ITIF. (August 5, 2019). Estimate of costs associated with reduced data access to organizations in the United States as of August 2019, by sector (in million U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 28, 2026, from /statistics/1046607/estimated-costs-reduced-data-access-2019/
ITIF. "Estimate of costs associated with reduced data access to organizations in the United States as of August 2019, by sector (in million U.S. dollars)." Chart. August 5, 2019. ÌÇÐÄÆÆ½â°æ. Accessed July 28, 2026. /statistics/1046607/estimated-costs-reduced-data-access-2019/
ITIF. (2019). Estimate of costs associated with reduced data access to organizations in the United States as of August 2019, by sector (in million U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 28, 2026. /statistics/1046607/estimated-costs-reduced-data-access-2019/
ITIF. "Estimate of Costs Associated with Reduced Data Access to Organizations in The United States as of August 2019, by Sector (in Million U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 5 Aug 2019, /statistics/1046607/estimated-costs-reduced-data-access-2019/
ITIF, Estimate of costs associated with reduced data access to organizations in the United States as of August 2019, by sector (in million U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1046607/estimated-costs-reduced-data-access-2019/ (last visited July 28, 2026)
Estimate of costs associated with reduced data access to organizations in the United States as of August 2019, by sector (in million U.S. dollars) [Graph], ITIF, August 5, 2019. [Online]. Available: /statistics/1046607/estimated-costs-reduced-data-access-2019/